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    1016 SE 12Th Ave Portland, OR 97214

    For Sale
    $1,895,000

    COMMERCIAL - Portland, OR

    Property size:
    5,006 SF
    Days on Market:
    76
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 1016 SE 12Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CM2
    APN
    R176938
    Size
    5,006 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1901
    Floors in Building
    3
    Roof type
    Shingle, Flat

    Keller Williams Realty Portland Central (503) 548-4848 [email protected]

    Listing agent Kaya Liden (503) 548-4848

    Listing date Sep 29, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Wellness Center with Parking

    Located in the SE Buckman neighborhood of Portland, this commercial property houses a thriving wellness business. Awakenings Wellness Center presents a turnkey opportunity to own a fully operational, income-producing, holistic healing center with a long-standing presence in the local community since 2004. The property features 13 private treatment suites, with 12 currently leased to long-term, licensed practitioners. Additionally, there is a 900 square foot yoga and event studio. A dedicated 38-space parking lot is located directly across from the property. Recent updates include exterior paint and a new deck in 2024, as well as sewer line and roof replacement within the last 10 years. The property is zoned CM2 and the building size is 5,006 square feet. The property is part of a professionally managed website that streamlines daily operations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Melting Point Massage Massage Therapist Bright Life - Caroline ... Holistic Medicine Practitioner Whitney Handrich Wellness Yoga Instructor Elizabeth E. John, ... Doctor Golden Ratio Healing ... Massage Therapist

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hasina Cohen, Wheels Darling, Jonathan Ho, The Healthy Foundation, AOM Health

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.653308
    Latitude
    45.515478

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    FAQs

    What type of property is this?
    Spa & wellness property - Thriving wellness center in SE Portland with dedicated parking.
    Where is this spa & wellness property located?
    The property is located at 1016 SE 12Th Ave Portland, OR.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: - Turnkey, income-producing wellness business with established presence since 2004; - Rare, dedicated 38-space FREE parking lot in SE Portland; - 12 of 13 private treatment suites are currently leased to long-term practitioners
    (503) 548-4848
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    1016 SE 12Th Ave Portland, OR 97214
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    Portland, OR 97214
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1016 SE 12Th Ave Portland, OR 97214
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